Well that's my point. The price of lithium went up exponentially...

Well that's my point. The price of lithium went up exponentially because of demand far outstripping supply, which resulted in upgrades to forecasts and expectations. But that's unwinding.

The rate of growth has slowed, and others have pointed out sales have actually declined MoM. Seasonal or not that has an effect on the overall supply and demand dynamic.

Governments aren't going to ban people from driving their old petrol cars if we in a recessionary environment. Goal posts can be moved, and are moved all the time. Look at the current debate over Nuclear, Coal and Wind. It's all well and good until costs start to get out of control. Voters don't like feeling poor, carbon emissions aren't immune to this political phenomenon.